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Institutional Modernization, Crisis and Change Management: Thoughts From and for the Greek Crisis

Author

Listed:
  • Vlados, Charis

    (Democritus University of Thrace, Department of Economics)

  • Chatzinikolaou, Dimos

    (Democritus University of Thrace, Department of Economics)

  • Demertzis, Michail

    (Democritus University of Thrace, School of Law)

Abstract

This study has a purpose of highlighting how the current crisis and restructuring of globalization is linked to partial phenomena of institutional crisis and underdevelopment, by discussing the case of the Greek crisis. It suggests that the emergence and prevalence of institutional innovations is a prerequisite to overcoming the crisis and is linked to the establishment of new and more effective public change management mechanisms. In conclusion, the “Stra.Tech.Man” approach (synthesis of strategy-technology-management) to organizational dynamics can offer a repositioned change management policy.

Suggested Citation

  • Vlados, Charis & Chatzinikolaou, Dimos & Demertzis, Michail, 2019. "Institutional Modernization, Crisis and Change Management: Thoughts From and for the Greek Crisis," DUTH Research Papers in Economics 7-2019, Democritus University of Thrace, Department of Economics.
    • Handle: RePEc:ris:duthrp:2019_007
    Note: 6th International Conference on Applied Economics “INSTITUTIONS & THE KNOWLEDGE ECONOMY. University of Thessaly, Department of Economics, Volos, Greece, 2019
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    Cited by:

    1. Charis Vlados, 2020. "The Dynamics of the Current Global Restructuring and Contemporary Framework of the US–China Trade War," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(1), pages 4-23, January.
    2. Stefan Mann, 2021. "Synthesizing Knowledge about Structural Change in Agriculture: The Integration of Disciplines and Aggregation Levels," Agriculture, MDPI, vol. 11(7), pages 1-14, June.

    More about this item

    Keywords

    Global socioeconomic crisis; Institutional innovation; Change management; Greek crisis; Institutional development/underdevelopment; Stra.Tech.Man approach;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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